Stocks Going Ex Dividend December 2019

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

QUALCOMM Incorporated (QCOM) 12/4/2019 0.62 7.52%
Abercrombie & Fitch Company (ANF) 12/5/2019 0.20 5.01%
General Motors Company (GM) 12/5/2019 0.38 4.22%
Walmart Inc. (WMT) 12/5/2019 0.53 1.78%
HP Inc. (HPQ) 12/10/2019 0.176 3.51%
Domino’s Pizza Inc (DPZ) 12/12/2019 0.65 0.88%
Macy’s Inc (M) 12/12/2019 0.377 9.86%
Las Vegas Sands Corp. (LVS) 12/16/2019 0.77 4.91%
Portland General Electric Company (POR) 12/24/2019 0.385 2.77%
Xerox Holdings Corporation (XRX) 12/30/2019 0.25 2.57%
Yamana Gold Inc. (AUY) 12/30/2019 0.01 1.12%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

Tasty Thanksgiving Stocks

by Fred Fuld III

Thanksgiving is November 28, less than a week away. There are a few stocks that can benefit from Thanksgiving. Here are several examples:

If you are looking for a turkey company (I don’t mean that in a negative way, I mean it in a food way), Tyson Foods (TSN) sells Hillshire Brands turkeys. The stock has a trailing price to earnings ratio of 16 and pays a dividend yield of 1.9%. The annual dividend payout was recently increased by 12%.

Campbell Soup (CPB) sells Pepperidge Farm stuffing. Campbell has a trailing P/E of 67 and a forward P/E of 18 and has a yield of 3.0%.

ConAgra, Inc. (CAG) sells Marie Callender’s pumpkin pie. The stock trades at 20 times trailing earnings and 12 times forward earnings and yields 3.0%.

Kraft Heinz (KHC) sells Heinz Gravy and Stove Top Stuffing. It has a forward P/E of 12 and pays a generous yield of 5.15%.

Other Thanksgiving stocks  include Hormel (HRL) which sells the Jennie-O brand of turkeys, Constellation Brands (STZ) which produces Mondavi wine and many other wines, and Lifetime Brands (LCUT) which makes KitchenAid utensils.

So now it’s time to get stuffed and you get to talk turkey to all your relatives, and maybe even getting a dressing down from some of them. Time to make a little gravy with some Thanksgiving stocks.

Hoping you all have a Happy Thanksgiving!

 

Disclosure: Author didn’t own any of the above at the time the article was written.

Top Cannabis Tax Selling Stocks for a January Bounce

by Fred Fuld III

Many of the cannabis related stocks have been burned during the last year, which makes them possible tax sale opportunities.

A tax selling stock is a stock that is currently selling for a low price due to heavy year-end selling for tax purposes, but was trading at much higher levels earlier in the year.

As the year-end approaches, many investors employ the technique called tax harvesting , which is the selling of loser stocks to offset any gains that may have been established during the year.

With all the heavy selling, the price of the stocks that have had big drops tends to drop far more than what would normally take place during the rest of the year.

So traders and investors are on the lookout for stocks that are heavily hit, hoping for a significant bounce in January, once the tax selling is over.

So if you are looking for these types of stocks, here is a selection of some marijuana stocks that have dropped by over 15% year-to-date, with five of then sinking by more than 50%.

Stock Symbol YTD Return
Aphria APHA -17%
Aurora Cannabis ACB -28%
Cannabis Sativa CBDS -78%
Canopy Growth CGC -28%
Cronos CRON -25%
Hexo HEXO -38%
Mentor Capital MNTR -60%
Sundial Growers SNDL -55%
Terrra Tech TRTC -59%
Tilray TLRY -69%

Hopefully some of these stocks will get high in January.

Disclosure: Author owns CBDS, CGC, MNTR, and has a long option position in ACB.

Top Tech Tax Selling Stocks – January Bounce?

by Fred Fuld III

During the last year, many of the technology stocks, especially the unicorns, have taken a dump, making them possible tax sale opportunities.

If you are wondering what a tax selling stock is, it is a stock that is currently selling for a low price due to heavy year-end selling for tax purposes, but was trading at much higher levels earlier in the year.

As the year-end approaches, many investors employ the technique called tax harvesting , which is the selling of loser stocks to offset any gains that may have been established during the year.

With all the heavy selling, the price of the stocks that have had big drops tends to drop far more than what would normally take place during the rest of the year.

So traders and investors are on the lookout for stocks that are heavily hit, hoping for a significant bounce in January, once the tax selling is over.

So if you are looking for these types of stocks, here is a selection of tech stocks that have dropped by over 50% year-to-date. They all have market capitalizations over $300 million.

Company Symbol Market Cap
ANGI Homeservices Inc. ANGI 3.98B
Casa Systems, Inc. CASA 307.29M
Consolidated Communications Holdings CNSL 315.71M
DXC Technology Company DXC 8.03B
Endurance International Group Holdings EIGI 603.20M
Evolent Health, Inc. EVH 848.25M
Grubhub Inc. GRUB 3.31B
GTT Communications, Inc. GTT 439.58M
ORBCOMM Inc. ORBC 355.38M
Plantronics, Inc. PLT 989.00M
2U, Inc. TWOU 1.33B
Boingo Wireless, Inc. WIFI 552.24M

Hopefully, your portfolio can benefit from a tax bounce.

Disclosure: Author didn’t own any of the above at the time the article was written.

Top Marijuana Cannabis ETFs

by Fred Fuld III

If you think that marijuana is a growth industry and you aren’t sure which is the best cannabis stock to invest in, you have an alternative. Or maybe you are looking for an easy way to play the tax loss pot stocks.

The alternative is investing or trading a cannabis ETF, of which there are several.

The largest one by market cap and volume is the ETFMG Alternative Harvest ETF (MJ), which also happens to be the oldest, founded in 2015. The ETF has an expense ratio of 0.75% and pays a high yield (no pun intended) of 4.99%. Its two largest holdings are GW Pharmaceuticals (GWPH) and Cronos (CRON).

The other cannabis related ETF that pays a yield is the AdvisorShares Vice ETF (ACT), however, marijuana stocks make up a limited amount of the portfolio as it also invests in alcohol and tobacco companies. It pays a yield of 1.56%.

A purer play is the AdvisorShares Pure Cannabis ETF (YOLO), which was founded this year. Its largest holding is Village Farms International (VFF) and the second largest is Innovative Industrial Properties (IIPR).

The following is a list of all the major cannabis ETFs.

Fund Name Symbol Expense Ratio Yield Founded Largest Holding 2nd Largest Holding
AdvisorShares Pure Cannabis ETF YOLO 0.74% 2019 VFF IIPR
AdvisorShares Vice ETF ACT 0.99% 1.56% 2017 TMO ABT
Amplify Seymour Cannabis ETF CNBS 0.75% 2019 GWPH CGC
Cambria Cannabis ETF TOKE 0.42% 2019 MEDIF GWPH
ETFMG Alternative Harvest ETF MJ 0.75% 4.99% 2015 GWPH CRON
Global X Cannabis ETF POTX 0.50% 2019 GWPH APHA
The Cannabis ETF THCX 0.70% 2019 MEDIF GWPH

Let’s hope your portfolio gets high with one of these ETFs.

Disclosure: Author didn’t own any of the above at the time the article was written.

Top IPO Tax Selling Stocks for a Possible Bounce in January

by Fred Fuld III

In case you haven’t noticed, many of the IPO stocks during the last year have turned out to be turkeys, making them possible tax sale opportunities.

If you are wondering what a tax selling stock is, it is a stock that is currently selling for a low price due to heavy year-end selling for tax purposes, but was trading at much higher levels earlier in the year.

As the year-end approaches, many investors employ the technique called tax harvesting , which is the selling of loser stocks to offset any gains that may have been established during the year.

With all the heavy selling, the price of the stocks that have had big drops tends to tank far more than what would normally take place during the rest of the year.

So traders and investors are on the lookout for stocks that are heavily hit, hoping for a significant bounce in January, once the tax selling is over.

So if you are looking for these types of stocks, here is a selection of some that have dropped by over 20% year-to-date. They all have market capitalizations over $500 million.

Stock Symbol Price Drop YTD
Chewy CHWY -29.5%
Fiverr FVRR -43.3%
Levi Strauss LEVI -20.5%
Lyft LYFT -47.1%
SmileDirectClub SDC -29.8%
Uber Technologies UBER -24.2%

Maybe someone’s tax losses can be your tax stock gains.

Disclosure: Author owns FVRR